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To: palmer

The 2008 TARP debate opened my eyes, passing it was wrong. The adjustment was needed and we could have been 4 years into a true recovery.


32 posted on 11/14/2012 9:43:49 AM PST by Java4Jay (The evils of government are directly proportional to the tolerance of the people.)
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To: Java4Jay

It’s good that you learned that. A lot of Americans dimly realize that the bailout was wrong in some way, but not many realize how similar it is to Japan’s zombie banks of the 1990’s which they plastered over with low rates and never recovered from.


34 posted on 11/14/2012 10:27:53 AM PST by palmer (Jim, please bill me 50 cents for this completely useless post)
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